Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 24, 2019
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Insomniac to Remain at Burbank Office Campus


Video game software company, Insomniac Games, has agreed to a 65-month renewal of its lease at Burbank’s Media Studios campus. Insomniac, which has been in this space since 2002, will continue to occupy the entire 5th floor, totaling nearly 42k sf.

Insomniac’s building, at 2255 N. Ontario St, is part of a unique, 19-acre campus comprised of five buildings, totaling 900k sf of low-rise office space designed for entertainment and media tenants. The Gold LEED-certified environment features several amenities such as a fitness club, a convenience store, a sizeable outdoor space, a day care, a massage room and several activities such as ping-pong, chess, basketball, a putting green, a volleyball court, a jogging track, bocce ball, and more.

Todd Doney, Doug Marlow, Ryan Pettersen, and Juliana Sampson of CBRE represented the landlord, Worthe Real Estate Group, a Santa-Monica based real estate company. Matt Brainard of Savills Studley repped Insomniac Games in the deal. The lease value was not disclosed.

“Media Studios is one of the most premier assets in the tri-cities and is home to some of the largest, household-name media and entertainment companies,” said Doney. “The space, culture and unmatched amenities serves as a hub for further growth.”

Tech, media and entertainment-related companies continue to drive office activity across Greater Los Angeles, according to CBRE’s quarterly report. Burbank’s direct vacancy rate dropped further to 9.4% and overall asking lease rates were up 3.75 year over year to $3.67 per sq. ft. per month.

Return to the Archive page





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media